S 5149 · 118th Congress · Taxation

Catching Up Family Caregivers Act of 2024

Introduced 2024-09-24· Sponsored by Sen. Collins, Susan M. [R-ME]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (text: CR S6371; Sponsor introductory remarks on measure: CR S6371)(2024-09-24)

Plain Language Summary

[AI summary unavailable — showing source text] Catching Up Family Caregivers Act of 2024 This bill allows qualified family caregivers to make catch-up contributions to a retirement account for up to five years. A qualified family caregiver is an unemployed or severely underemployed adult who provides 500 hours or more during one tax year of in-home care, monitoring, management, supervision, or treatment of an adult with special needs or a child. …

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Sen. Peters, Gary C. [D-MI]MI